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At least Tulip bulbs can be planted. Crypto just burns electricity. The value of crypto is actually negative at this point.
by digitaltrees 4y ago
At least Tulip bulbs can be planted. Crypto just burns electricity. The value of crypto is actually negative at this point.
- m348e912 4y agoPeople have been making the crypto tulip comparison since when bitcoin was worth less than $100. Not saying you're wrong at this point, but if you're right, you're about as right as a broken clock.
- digitaltrees 4y agoTrue but I have been making them from the beginning. I actually think it would be good for people to see crypto as worthless. Maybe then they would spend it instead of holding it and it could actually act as a currency.
- lostmsu 4y ago> Maybe then they would spend it Why? Do you want to buy?
- digitaltrees 4y agoCurrency shouldnt be “bought” it should be used. Earned and spent.
- andirk 4y agoForex is a very real very gigantic form of investment.
- RC_ITR 4y agoIf your argument is that a few years of irrational market pricing is meaningful, then boy do I have some Enron shares to sell you in 2001.
- jacquesm 4y agoThat's definitely true. What - unfortunately in some ways - is also true is that a lot of people cleaned up on both Enron and bitcoin. They did this ultimately at the expense of other people but those people too were trying to do the exact same thing. It's effectively one group of greedy people feeding off people that are greedy too but a bit later to the musical chairs game. And so they end up without chairs, but if you start such a game you already know that somebody is going to end up without a chair, you just hope it won't be you.
- bulbosaur123 4y agoNot true. Only censorship-resistant asset. Only asset in entire universe that cannot be confiscated.